The US Dollar outperforms against most major peers on Friday ahead of the US PCE data release.
Gold's price could print more new all-time highs if US PCE data comes out weaker than expected later during the day.
Gold price posted new record high on Friday, following a probe through psychological $2800 barrier, in extension of Thursday’s 1.3% advance.
GDP was weaker, yet Initial Jobless Claims (speaks to the labor market) showed a decline in claims – which suggests strength in the labor market (no weakness) so what does that mean for the FED? It ...
The Pound Sterling (GBP) trades in a tight range slightly above the key support of 1.2400 against the US Dollar (USD) in Friday’s European session. The GBP/USD pair steadies despite an increase in the ...
"Bearish momentum shows signs of fading while RSI rose. Rebound risks likely but price pattern resembles a rising wedge ...
"Bank of Japan (BOJ) Governor Ueda stuck to the bank’s guidance. Ueda noted that more hikes are in the pipeline if the ...
"The Bank of England (BOE) is widely expected to slash the policy rate 25bps to 4.50% next Thursday. Most indicators of UK ...
The political landscape of the Euro Area is complex, encompassing 20 EU members, it isn't a single nation. It's a monetary union, meaning a unique, multi-layered governance structure is at play. Each ...
"Canada’s November GDP is the domestic focus (1:30pm London). Statistics Canada advance information indicates that real GDP decreased -0.1% m/m after rising 0.3% in October. The December real GDP ...
USD dipped after 4Q GDP disappointed but erased losses after Trump drummed up tariff threats. Specifically, he spoke about 25 ...
EUR/USD declines to near 1.0370 as inflation in six states of Germany decelerates in January.